Does The Fed Rate Cut Mean Lower Mortgage Rates For Your Home Loan?


Surely you heard the news yesterday the “Fed is going to cut interest rates” again, and you might think that means lower interest rates on your home loans. Well…it isn’t so cut and dry. For an explanation, we asked our go-to mortgage broker, Tim Wood of Opes Advisors for a little clarification: What the Fed … Continue reading Does The Fed Rate Cut Mean Lower Mortgage Rates For Your Home Loan?

Will Interest Rates Rise?


One of my preferred mortgage brokers (Tim Wood @ Terra Mortgage) just sent me his newsletter that dives into the question of whether interest rates will rise in 2017. It’s so full of interest rate chatter about Feds, Reserves, Trump, yada, yada…I figured you’d all love it. So here you go: Are You Sure that … Continue reading Will Interest Rates Rise?

Home Ownership as an Investment, Home Prices, Inflation, Leverage & Home Equity


First and foremost, any home purchased needs to work as a home: it fulfills your housing needs at an affordable monthly cost – ideally, a cost, after tax deductions and principal pay-down, less than or similar to that of renting the property. However, though it cannot be compared on an apples-to-apples basis to investments such … Continue reading Home Ownership as an Investment, Home Prices, Inflation, Leverage & Home Equity

San Francisco Housing Market Not Stopping…How’s That For A Gift From Santa!?


In this season of giving and being thankful, I’d have to say that San Francisco Bay Area residents should be pretty thankful that our market is nowhere near that of the national average. If you’re a seller you can be thanking your lucky stars that buyers are out there in droves, and if you’re a … Continue reading San Francisco Housing Market Not Stopping…How’s That For A Gift From Santa!?

Reader Reports: We Finally Were Able To Refinance! What A Nightmare! And Some Advice…


From a reader: Dear theFrontSteps, After TWO YEARS of intensive search and questioning and hunting ….we closed yesterday on our refinancing! We got a $600,000 loan at 4.5%. (no point, no refinancing costs, except for appraisal and recording fees). By the way, the appraisal came back at $1,200,000, which made us laugh a good time. … Continue reading Reader Reports: We Finally Were Able To Refinance! What A Nightmare! And Some Advice…